Los Angeles daily herald., 1887-04-11
THE INTERSTATE LAW.
MIR. Stanford,s views ON the En-
force emeDt OF section.


[Crowded out of yesterdays issue.I
SAN Francisco, April 9.-The Alta
this morning publishes an interview
with Leland Stanford, President OF the
Southern Pacific company, regarding
the effect of the enforcement of Section
of the Interstate Commerce law on the
commerce of San Francisco. He said
"The literal enforcement Of the fourth
section of the Interstate Commerce law
| would be simply ruinous and destruct-
i've of eur commerce, not only with
China and japan, but with Australia
and all other countries whose trade nat
urally comes to us by way OF the Pacific
ness is but small proportion, probably
not more than fifteen per cent. OF our
whole carrying trade it is upon our
local business we depend for profit.
This may be said of all roads, and
will be true of every road that reaches
the Pacific Coast. Brought as we are
hby our location into competition with
the great water ways of the ocean we
cannot make rate where the means of
transportation by water and by rail are
co.existing. The water way which is
naturally the cheapest means OF trans
portation will always make the rate and
the railroads must follow or forego bus
mess. Now our agents in China and
Japan are brought face to face with
competitive rates by way of the Suez
Canal by water and rail across the
Isthmus of Panama and by all water
around Cape Horn. Hitherto, we have
tried to meet tina, competition by giving
rates which if not as low as those by
water, were, when combined with the
added advantages of speed, sufficient to
secure large proportion of the business.
Those rates of themselves would not be
renumerative; that is to say, if our
whole carrying business was conducted
on the same basis it would not pay the
operating expenses of the road and the
interest on the investment; but, as We
are compelled to keep our track and
rolling stock and operate our road any
way, through business, even at those
low rates, contributes toward paying the
EXPENSES of the road, and to that extent
operates in q measure to enable us to |
make lower rates on local business thar
might otherwise be possible. Now,
however. we are brought face to face
with this proposition. If the law is to |
be literal y enforced, and we cannot
make a special rate for all this through |
business, we shall be compelled to choose |
between local and through business, and |
in that event naturally we will have to |
forego the through business"
Arrested ON an Old Charge.
SAN DIEGO, CAL, April l0.-F. R.
Wetmore. ono of the leading real estate
dealers in this city and Secretary of the
San Diego Chamber of Commerce, was
arrested yesterday on a warrant from
San Francisco, returnable before Judge |
Lawlor, charging him with wrongfully |
$4,000 belonging to the |
stock broking firm Of Wetmore & War
rem. which failed and went through in
in that city some two years |
ago. A writ of habeas corpus was |
sworn out before Judge Works yester.
day afternoon, but the prisoner was re.
mand d to the custody of the officers
and will be tried in San Francisco.
Heavy weather at Port Hartford.
SAN LUIS OBIsPo, April l0-A heavy
sea and northwest wind off Port Har-
ford this morning carried away the life
boat from the deck of the steamer
Eureka. The Los Angeles was twelve
hours overdue at Port Hartford, but ar.
rived safely at 6 P. NJ.
Reward for q Chinese Murderer.
SAN FRANCISCO, April l0.-The Chi
nese Consul of this city has offered
reward of S40O for the apprehension of
Hong Dye, the Chinese murderer of Mis-.
Billion, in Colusa county.
Harry Wilkes Performance.
NEW YORK, April l0.-A great deal
of interest has been excited over the re-
cent performance of Harry Wilkes in
California. "It was wonderful trial
at this time of the year," Henry Sire
day or two ago. "We will
match Harry Wilkes againt any trott,ng
horse, mare or gelding in mile hea's,
hest three in five, for from $1,000 to $40,
600 side. AS Robt. Bonner will not trot
his horses for stake or money, we will